Public Management

Côte d'Ivoire: Govt increases defense budget by 7% for 2022

Côte d'Ivoire: Govt increases defense budget by 7% for 2022
Friday, 19 November 2021 17:23

The Ivorian government sets plans to increase its defense investment next year. To address the growing terrorist activity in the country, Côte d'Ivoire will invest $651 million (CFA378 milliards) in 2022. This is $43 million more than the amount invested this year (+7%).

The 2022 defense expenditure represents about 3% of the total state budget of $17 billion proposed by the government for next year. Recently, Côte d'Ivoire has been experiencing security issues, particularly on its border with Burkina Faso, which has been under increasing attack by jihadist groups since June 2020. These attacks have already claimed the lives of nearly twenty Ivorian defense and security forces.

Sharing a border with Burkina Faso, which is one of the hotbeds of terrorism in West Africa, Côte d'Ivoire has undertaken several initiatives to deal with the growing threat since the attacks of Grand-Bassam in 2016. The country recently created an International Academy for Counter-Terrorism (AILCT) to better equip the army. Just over a week ago, the government also announced the acquisition of two aircrafts to strengthen border surveillance.

Jean-Marc Gogbeu, intern

Additional Info

  • communiques: Non
  • couleur: N/A
On the same topic
• Togo’s GDP grew 17.7% in Q4 2024• Agriculture, construction, services drove sharp year-end rebound• Electricity, hospitality, and public sector saw...
• Morocco’s Jobzyn secures pre-seed funding from pan-African fund Janngo Capital.• Startup uses AI to match candidates, assess soft skills, and streamline...
• Acumen rolls out second KawiSafi fund with $90 million capital, $40 million secured.• Fund targets 50 million people, avoiding 50 million...
Africa registered a 12% increase in international tourist arrivals in H1 2025, the highest global growth. North Africa and Sub-Saharan Africa...
Most Read
01

Nigeria’s fintech landscape has undergone a seismic shift in recent years, driven largely by persist...

In Nigerian, Bank Technology Failures Pushed OPay and PalmPay to Leadership in Daily Payments
02

• Benin’s FeexPay and Côte d’Ivoire’s Cinetpay receive BCEAO payment service licenses• Both firms ex...

WAEMU fintech industry strengthens with two new BCEAO regulatory approvals
03

From Dakar to Nairobi, Kampala to Abidjan, mobile money has become a lifeline for millions of Africa...

Africa's Boundless Future: How a simple mobile phone became a pocket bank for millions
04

Zenith Bank picks Côte d’Ivoire for $90M debut into Francophone Africa, confirming ambition t...

Zenith Bank Moves to the WAEMU/CEMAC  $92.4 Billion Loan Book Appeal, When Half Seats Are Taken
05

Niger’s economy grew 10.3% in 2024 and is projected to expand 6.6% in 2025. Yet non-performin...

Niger’s rapid growth shadowed by fragile banking sector
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.